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Philippines Procurement News Notice - 58627


Procurement News Notice

PNN 58627
Work Detail Century Pacific Food, Inc., a leading force in the Philippine food and beverage industry, is intensifying its dedication to sustainable practices through increased investments in renewable energy initiatives. The company is taking significant steps with the expansion of its Solar PV capacity and the introduction of state-of-the-art biomass boilers. With a primary focus on its largest manufacturing hub in General Santos City, where it produces tuna and coconut products, CNPF is enhancing its solar power facility. The operational solar capacity is undergoing a remarkable surge from 5.2MW to 8.6MW, marking a substantial 65% increase. The upgraded facility is projected to be fully operational by March 2024. CNPF’s tuna and coconut facilities primarily rely on clean energy sourced from a hydroelectric power plant through the grid. The company’s commitment to sustainable manufacturing practices led to the commissioning of its initial solar PV plant in 2021. By the end of 2022, more than 60% of the hub’s power needs were met through clean energy sources. Ted Po, CNPF’s President and CEO, emphasized the environmental benefits, stating, “Investing in solar unlocks value for the company and enhances our operational resilience.” Since 2021, CNPF has invested around Php 380 million to build and expand its Solar Plant, featuring a PV Roof Solar system operating on the grid.
Country Philippines , South Eastern Asia
Industry Energy & Power
Entry Date 01 Feb 2024
Source https://solarquarter.com/2024/01/31/philippines-century-pacific-food-advances-green-initiatives-expands-solar-capacity/

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